Topic filter : Economy

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Socially Most Trending News

.... “We have a once-in-a-generation opportunity to do something really big,” said Gary Cohn, chief economic adviser to Donald Trump. “This is about growing the economy, creating jobs. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:35:17 PM
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. The UK economy grew by just 0. ... [Read full article on BBC ]
Friday 28th of April 2017 08:32:58 AM
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.... The refugee deal with Turkey is holding. And many parts of the EU and eurozone economy have not looked this healthy in years or even decades. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 07:00:41 AM
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....Popular colours often reflect what's happening culturally and socially, she says. The growth of the sharing economy, in which people rent beds, cars and other assets directly from one another, means lighter colours such as pale blues could come into fashion. ... [Read full article on BBC ]
Tuesday 25th of April 2017 11:08:21 PM
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.... . Mr Macron, a former investment banker, served as economy minister under current President Francois Hollande. ... [Read full article on BBC ]
Sunday 23rd of April 2017 09:16:09 PM
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. The US economy slowed dramatically in the first three months of the year, according to official data. ... [Read full article on BBC ]
Friday 28th of April 2017 12:40:39 PM
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....The move is likely to cost the San Francisco-based company several million pounds a year. It comes ahead of the government’s Taylor review of modern working practices, which is likely to recommend that self-employed gig economy workers should be granted greater employment protections and benefits, including sickness cover. ... [Read full article on Guardian ]
Thursday 27th of April 2017 12:51:55 PM
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....Without that, said the FSB's chairman Mike Cherry, small firms feared they would lose skilled staff who would be difficult to replace. "EU workers are a vital part of our economy, helping to plug chronic skills gaps across a wide range of sectors, and filling jobs in an already tight labour market," he said. ... [Read full article on BBC ]
Monday 24th of April 2017 11:58:46 PM
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.... . Democratic Senator Sherrod Brown called the 15% rate workable only "if you want to blow a hole in the federal budget and cut a whole lot of things like Meals on Wheels and Lake Erie restoration and then lie about the growth rate of the economy". ... [Read full article on BBC ]
Wednesday 26th of April 2017 12:20:53 PM
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....Firms must warn when earnings look like being less than previously expected. The report says profit warnings from industrial and commodity sectors have fallen significantly since the end of 2015, helped by an improving global economy. ... [Read full article on BBC ]
Sunday 23rd of April 2017 08:23:22 AM
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....". Egypt's economy has been in the doldrums since the economic shock of the revolution in 2011 and the political instability that followed. ... [Read full article on BBC ]
Wednesday 26th of April 2017 11:12:43 PM
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....4% when it was bailed out by the taxpayer at the height of the financial crisis. Analysts said the firm was exposed to record low interest rates, which make it harder for banks to increase profits, and the health of the UK economy. ... [Read full article on BBC ]
Thursday 27th of April 2017 06:33:36 AM
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....Together the four firms are now valued on Wall Street at more than $1. 5tn, about the same as the Russian economy. ... [Read full article on Guardian ]
Saturday 29th of April 2017 08:00:25 AM
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....Dean Baker, co-founder of the nonpartisan Center for Economic and Policy Research, estimated loosely – given the dearth of information about Trump’s income, assets and tax strategy – that “the Trump tax plan will save Donald Trump $65m a year in taxes”. The mechanism by which Trump would claim those savings would be irrelevant for most small business owners, analysts said, despite the White House billing the tax plan as “helping the low- and middle-income families who have been left behind by this economy”. ... [Read full article on Guardian ]
Thursday 27th of April 2017 01:33:58 PM
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. Britain’s economy cooled considerably in the first three months of the year as higher inflation put a squeeze on disposable incomes, official figures are expected to show this week. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:00:04 AM
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.... Many of the users themselves are not much richer than the drivers. The “sharing economy” encourages the insecure and exploited to exploit others equally insecure to the profit of a tiny clique of billionaires. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:23:34 PM
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....The motor industry's fight-back against growing opposition to diesel has moved up a gear with a strong defence of commercial vehicles. The industry's trade body has warned people not to ignore the "essential role" diesel commercial vehicles play in keeping the UK economy moving. ... [Read full article on BBC ]
Monday 24th of April 2017 11:39:01 PM
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....The pound’s sharp fall since the Brexit vote and a mood of uncertainty among employers has hit household budgets, creating a tough economic backdrop for Theresa May’s snap election, a Guardian analysis shows. The prime minister will be hoping the resilience seen in the UK economy will hold over the coming months now that she has called an election for this June. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:38:58 AM
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....“Further price regulation at this moment would create huge uncertainty around future government intentions, potentially putting at risk the billions in investment and jobs needed to renew our energy system,” the group said in its statement for the election published on Friday. Lawrence Slade, Energy UK’s chief executive, said: “What the industry overall needs is a period of certainty so we know what the policy objectives are, what the targets are, the framework is – so we can work together with the investment community to deliver the low-carbon economy that we need. ... [Read full article on Guardian ]
Friday 28th of April 2017 06:01:33 AM
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Friday 28th of April 2017 06:31:45 AM
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. When the International Monetary Fund met for its spring meeting in Washington 10 years ago the global economy was booming. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 02:02:46 PM
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....In an interview with the Mail on Sunday, Mrs May criticised Labour leader Mr Corbyn, saying he was "weak, unstable, nonsensical and floundering" and said Labour had launched seven "conflicting" Brexit plans. Meanwhile, Labour has announced a 20-point plan to end the "rigged economy" in the workplace. ... [Read full article on BBC ]
Sunday 30th of April 2017 03:59:09 AM
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....But she added that it would take many months for formal proposals to emerge. She noted the importance of the hospitality industry to the UK economy – it is the fourth largest industry, accounts for 10% of GDP and employs 5 million people. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 12:20:58 PM
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Wednesday 26th of April 2017 10:31:49 AM
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....Separate figures from France showed that the country's economic growth rate slowed in the first three months of the year. France's economy grew by 0. ... [Read full article on BBC ]
Friday 28th of April 2017 10:13:23 AM
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....”. The TUC said a comprehensive industrial strategy was essential for rebalancing the economy and for bringing strong growth and decent jobs to all parts of the UK. ... [Read full article on Guardian ]
Friday 28th of April 2017 06:44:57 AM
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....If Horta-Osório stays, his next three-year plan, due to be unveiled in the autumn, will be the easiest to write. Brexit-related uncertainties are a background worry since Lloyds is a proxy for the performance of the UK economy, but the major restructuring is over. ... [Read full article on Guardian ]
Thursday 27th of April 2017 07:15:03 PM
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....3%, while unsecured debt went up by 10% last year. The household debt to income ratio has grown by 6% in the past year and is now at 145%, which she said “poses a serious risk to our economy”. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 04:51:46 PM
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....”. The conference, organised by prominent leave campaigner and hedge fund manager Paul Marshall, struck a relatively upbeat tone about the impact of Brexit on the economy. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 11:14:03 PM
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....The initial reports that Trump was considering pulling out of the trade agreement brought a horrified reaction from a number of top Republicans. John McCain tweeted that “Withdrawing from #NAFTA would be a disaster for #Arizona jobs & economy – @POTUS shouldn’t abandon this vital trade agreement”. ... [Read full article on Guardian ]
Thursday 27th of April 2017 03:51:09 AM
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Latest Finance News related to Economy

Poorest face ‘double whammy’ if Tories ditch triple lock on pensions image
.... It is understood that Downing Street is weighing up whether a more affordable “double lock” would be seen as a more sensible safety net for retirees. Craig Berry, deputy director at the Sheffield Political Economy Research Institute (Speri), said reducing the triple lock would have little impact on the government’s finances over the next few years, while the economy remained strong. ...
May vows to protect pensions from 'unscrupulous bosses' image
Source : BBC [Read Article] Sunday 30th of April 2017 03:59:09 AM
....In an interview with the Mail on Sunday, Mrs May criticised Labour leader Mr Corbyn, saying he was "weak, unstable, nonsensical and floundering" and said Labour had launched seven "conflicting" Brexit plans. Meanwhile, Labour has announced a 20-point plan to end the "rigged economy" in the workplace. ...
Pensioners will carry on hoarding cash if state won’t step in image
Source : Guardian [Read Article] Saturday 29th of April 2017 04:00:03 PM
.... Since then, Theresa May has dodged questions about the triple lock, revealing her sympathy for a review. Hammond and May can see that the economy is weakening, following a squeeze on disposable incomes from higher inflation and stagnant wages growth. ...
Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
....A report by Spain’s Association of Land and Commercial Registrars last week revealed British demand for second homes in Spain was down nearly 30% on last year’s pre-referendum levels. In Greece, where property taxes have soared amid the debt-stricken economy and there are lingering fears that the country could yet be ejected from the eurozone, estate agents on some of the more popular Greek islands are reporting an even bigger plunge in the number of Britons looking for homes since the Brexit vote. ...
US economy turns in weakest quarterly performance in three years image
Source : Guardian [Read Article] Friday 28th of April 2017 12:54:36 PM
. The US economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. ...
US growth rate hits three-year low image
Source : BBC [Read Article] Friday 28th of April 2017 12:40:39 PM
. The US economy slowed dramatically in the first three months of the year, according to official data. ...
Eurozone inflation picks up to 1.9% image
Source : BBC [Read Article] Friday 28th of April 2017 10:13:23 AM
....Separate figures from France showed that the country's economic growth rate slowed in the first three months of the year. France's economy grew by 0. ...
UK house prices fall again in April as buyers feel the pinch image
Source : Guardian [Read Article] Friday 28th of April 2017 07:15:39 AM
....He said the outlook for the property market over the coming months was particularly difficult to predict because of the upcoming general election and uncertainty surrounding the outcome of Brexit negotiations. “The economic outlook is unusually uncertain, and housing market trends will depend crucially on developments in the wider economy,” he said. ...
UK economy is being sucked into London and south-east, says TUC image
Source : Guardian [Read Article] Friday 28th of April 2017 06:44:57 AM
....”. The TUC said a comprehensive industrial strategy was essential for rebalancing the economy and for bringing strong growth and decent jobs to all parts of the UK. ...
Energy bill caps put billions in investment at risk, say suppliers image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:33 AM
....“Further price regulation at this moment would create huge uncertainty around future government intentions, potentially putting at risk the billions in investment and jobs needed to renew our energy system,” the group said in its statement for the election published on Friday. Lawrence Slade, Energy UK’s chief executive, said: “What the industry overall needs is a period of certainty so we know what the policy objectives are, what the targets are, the framework is – so we can work together with the investment community to deliver the low-carbon economy that we need. ...
British consumers' confidence slumps as inflation grows image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
....“Many analysts have said for a while that inflation would bite and these figures show that it has started to – and is likely to get worse over the coming year,” said Stephen Harmston, head of YouGov reports. The downbeat tone of the poll chimes with signs the economy has lost momentum in recent months as the post-referendum resilience in consumer spending wanes. ...
Will Lloyds chief enjoy plain sailing or will he jump ship? | Nils Pratley image
....If Horta-Osório stays, his next three-year plan, due to be unveiled in the autumn, will be the easiest to write. Brexit-related uncertainties are a background worry since Lloyds is a proxy for the performance of the UK economy, but the major restructuring is over. ...
​Trump tax plan could save him millions under guise of helping small businesses image
....Dean Baker, co-founder of the nonpartisan Center for Economic and Policy Research, estimated loosely – given the dearth of information about Trump’s income, assets and tax strategy – that “the Trump tax plan will save Donald Trump $65m a year in taxes”. The mechanism by which Trump would claim those savings would be irrelevant for most small business owners, analysts said, despite the White House billing the tax plan as “helping the low- and middle-income families who have been left behind by this economy”. ...
Uber to offer UK drivers sickness cover in return for £2-a-week fee image
Source : Guardian [Read Article] Thursday 27th of April 2017 12:51:55 PM
....The move is likely to cost the San Francisco-based company several million pounds a year. It comes ahead of the government’s Taylor review of modern working practices, which is likely to recommend that self-employed gig economy workers should be granted greater employment protections and benefits, including sickness cover. ...
Lloyds Bank's profits rise despite 'challenging' times image
Source : BBC [Read Article] Thursday 27th of April 2017 06:33:36 AM
....4% when it was bailed out by the taxpayer at the height of the financial crisis. Analysts said the firm was exposed to record low interest rates, which make it harder for banks to increase profits, and the health of the UK economy. ...
Lloyds profits double to £1.3bn despite PPI and fraud payouts image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:33:22 AM
....The bank, which is Britain’s largest mortgage lender, shrugged off the uncertainty created by Brexit and what António Horta-Osório, chief executive, described as a “challenging” operating environment. “The UK economy continues to benefit from low unemployment and reduced levels of indebtedness, and asset quality remains strong and is stable across the portfolio. ...
Donald Trump to stick with Nafta free trade pact – for now image
Source : Guardian [Read Article] Thursday 27th of April 2017 03:51:09 AM
....The initial reports that Trump was considering pulling out of the trade agreement brought a horrified reaction from a number of top Republicans. John McCain tweeted that “Withdrawing from #NAFTA would be a disaster for #Arizona jobs & economy – @POTUS shouldn’t abandon this vital trade agreement”. ...
CBI warns against Brexit divorce bill row putting EU-UK trade ties at risk image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:14:03 PM
....”. The conference, organised by prominent leave campaigner and hedge fund manager Paul Marshall, struck a relatively upbeat tone about the impact of Brexit on the economy. ...
Job opportunities image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:12:43 PM
....". Egypt's economy has been in the doldrums since the economic shock of the revolution in 2011 and the political instability that followed. ...
Trump under fire over 'huge tax cut for the rich' image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:35:17 PM
.... “We have a once-in-a-generation opportunity to do something really big,” said Gary Cohn, chief economic adviser to Donald Trump. “This is about growing the economy, creating jobs. ...
The Guardian view on Apple-Uber affair: reasons to tame Silicon Valley | Editorial image
.... Many of the users themselves are not much richer than the drivers. The “sharing economy” encourages the insecure and exploited to exploit others equally insecure to the profit of a tiny clique of billionaires. ...
Trump seeks tax windfall for business image
Source : BBC [Read Article] Wednesday 26th of April 2017 12:20:53 PM
.... . Democratic Senator Sherrod Brown called the 15% rate workable only "if you want to blow a hole in the federal budget and cut a whole lot of things like Meals on Wheels and Lake Erie restoration and then lie about the growth rate of the economy". ...
Colour me image
Source : BBC [Read Article] Tuesday 25th of April 2017 11:08:21 PM
....Popular colours often reflect what's happening culturally and socially, she says. The growth of the sharing economy, in which people rent beds, cars and other assets directly from one another, means lighter colours such as pale blues could come into fashion. ...
Theresa May promises personal tax allowance will go up to woo working-class voters image
....The personal tax allowance currently stands at £11,500 and the party is aiming to increase that to take millions of low paid workers "out of tax entirely". And they are getting set to abandon David Cameron's "tax lock" pledge as they look at ways of turning the flailing economy around. ...
Costa Coffee owner welcomes plan for 'barista visas' after Brexit image
Source : Guardian [Read Article] Tuesday 25th of April 2017 12:20:58 PM
....But she added that it would take many months for formal proposals to emerge. She noted the importance of the hospitality industry to the UK economy – it is the fourth largest industry, accounts for 10% of GDP and employs 5 million people. ...
UK government borrowing at lowest level since 2008 financial crisis image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:39:40 AM
. Government borrowing fell to the lowest level since the financial crisis in the year to the end of March as the economy proved more resilient than expected in the aftermath of the Brexit vote. ...
How has the Brexit vote affected the UK economy? April verdict image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:39:05 AM
...
Brexit economy: living standards are falling as the snap election looms image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:38:58 AM
....The pound’s sharp fall since the Brexit vote and a mood of uncertainty among employers has hit household budgets, creating a tough economic backdrop for Theresa May’s snap election, a Guardian analysis shows. The prime minister will be hoping the resilience seen in the UK economy will hold over the coming months now that she has called an election for this June. ...
The doom-mongers got it wrong: the centre is holding in Europe | Joris Luyendijk image
.... The refugee deal with Turkey is holding. And many parts of the EU and eurozone economy have not looked this healthy in years or even decades. ...
Brexit: Worries for small businesses with EU staff image
Source : BBC [Read Article] Monday 24th of April 2017 11:58:46 PM
....Without that, said the FSB's chairman Mike Cherry, small firms feared they would lose skilled staff who would be difficult to replace. "EU workers are a vital part of our economy, helping to plug chronic skills gaps across a wide range of sectors, and filling jobs in an already tight labour market," he said. ...
Diesel vehicles important for UK economy, says industry image
Source : BBC [Read Article] Monday 24th of April 2017 11:39:01 PM
....The motor industry's fight-back against growing opposition to diesel has moved up a gear with a strong defence of commercial vehicles. The industry's trade body has warned people not to ignore the "essential role" diesel commercial vehicles play in keeping the UK economy moving. ...
Could the IMF's 'world currency' help encourage global unity? | Mohamed El-Erian image
. The rise of anti-globalisation political movements and the threat of trade protectionism have led some people to wonder whether a stronger multilateral core for the world economy would reduce the risk of damaging fragmentation. ...
Bill sets out plan to tackle 'extortionate' UK overdraft fees image
Source : Guardian [Read Article] Sunday 23rd of April 2017 04:51:46 PM
....3%, while unsecured debt went up by 10% last year. The household debt to income ratio has grown by 6% in the past year and is now at 145%, which she said “poses a serious risk to our economy”. ...
What does the snap election mean for your finances? image
Source : Daily Express [Read Article] Sunday 23rd of April 2017 01:10:00 PM
....The predicted clear victory for the Conservatives would put a swift end to the uncertainty, and boost stocks. “A stronger government with the ability to play a longer negotiating game on Brexit should be a positive outcome for the economy and for markets,” he adds. ...
Tories accused of stealing Labour's energy price cap promise image
Source : Guardian [Read Article] Sunday 23rd of April 2017 11:26:37 AM
....Last June, the Competition and Markets Authority found the difference between the standard variable tariffs and the cheapest deals was as much as £320 a year. May made clear in her party conference speech last autumn that she was prepared to take a more interventionist approach to the economy, distancing herself from the laissez-faire approach of her predecessor. ...
Company profit warnings increase on previous quarter image
Source : BBC [Read Article] Sunday 23rd of April 2017 08:23:22 AM
....Firms must warn when earnings look like being less than previously expected. The report says profit warnings from industrial and commodity sectors have fallen significantly since the end of 2015, helped by an improving global economy. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....It used to be the case that young adults could expect to start their working lives with higher incomes than those born earlier. This is because incomes normally rise over time, as the economy grows. ...
HS2 is on its way but bid troubles and snap election could still derail project image
....7bn high-speed rail scheme from becoming physical reality?. Royal assent in February gave HS2 Ltd the full legal, financial and planning powers to build the first half of a railway that the government claims will transform travel between London, the Midlands and, eventually, the north of England, create 25,000 jobs and help rebalance the UK’s precarious economy. ...
‘Modest’ interest rate rise on cards, says Bank of England expert image
Source : Daily Express [Read Article] Friday 21st of April 2017 08:49:00 PM
.... . Mr Saunders, who sits on the Bank’s monetary policy committee, said inflation could hit three per cent by the end of this year while the economy could expand by two per cent. ...
Braced for Brexit image
Source : BBC [Read Article] Friday 21st of April 2017 08:44:19 PM
....Will all this change when the UK "takes back control"? PRS's Mr Ashcroft thinks not. "I expect it to continue unless and until someone presents an argument that it's damaging to the economy," he says. ...
Lloyds: Taxpayers get all their money back after rescue image
Source : BBC [Read Article] Friday 21st of April 2017 05:01:52 PM
....In February, Lloyds reported its highest annual profit in a decade, helped by a reduction in payment protection insurance provisions. Mr Hammond, speaking in Washington on Friday, said: "Recovering all of the money taxpayers injected into Lloyds marks a significant milestone in our plan to build an economy that works for everyone. ...
Lloyds bank bailout repaid in full, says Philip Hammond image
Source : Guardian [Read Article] Friday 21st of April 2017 05:00:20 PM
.... We still hold a small shareholding of between 1-2% but the taxpayer has now recovered every penny of its investment in Lloyds. “Recovering all of the money taxpayers injected into Lloyds marks a significant milestone in our plan to build an economy that works for everyone. ...
Protectionism is rising the world over. Our best defense is fighting inequality | Wally Adeyemo image
....The best defense of multilateralism and the rules-based order is a good offense. Addressing inequality and updating the rules of the global economy to reflect the needs of the 21st century must guide the agenda for this week’s International Monetary Fund (IMF) and World Bank spring meetings. ...
Philip Hammond signals ditching of Tory 'no tax rise' pledge image
Source : Guardian [Read Article] Friday 21st of April 2017 12:58:04 PM
. Philip Hammond has given a strong hint that the Conservatives may ditch their pledge not to raise VAT, national insurance or income tax, saying the flagship 2015 policy had constrained his ability to manage the economy. ...
Britain set for first coal-free day since the industrial revolution image
Source : Guardian [Read Article] Friday 21st of April 2017 11:11:37 AM
.... A decade ago, a day without coal would have been unimaginable, and in 10 years’ time our energy system will have radically transformed again. “The direction of travel is that both in the UK and globally we are already moving towards a low carbon economy. ...
Is Ghana's economy on the mend? image
Source : BBC [Read Article] Friday 21st of April 2017 09:54:40 AM
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Is Ghana's economy on the mend? image
Source : BBC [Read Article] Friday 21st of April 2017 09:54:40 AM
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Biggest fall in UK retail sales in seven years image
Source : BBC [Read Article] Friday 21st of April 2017 09:24:52 AM
.... . That is worrying for the British economy as it has been the resilience of consumers that has been a principal factor in keeping economic growth going. ...
US discriminating against Chinese firms, says TCL boss image
Source : BBC [Read Article] Friday 21st of April 2017 08:42:08 AM
.... . "If America returns a protectionist road, I believe it will harm the competitiveness of the US economy," he said. ...
Trump launches investigation into steel dumping image
Source : BBC [Read Article] Friday 21st of April 2017 07:41:27 AM
....Instead, its investigation will fall under the US Trade Expansion Act of 1962, which lets the president impose restrictions on imports for reasons of national security. "Steel is critical to both our economy and our military," Mr Trump said. ...
Which? survey reveals best and worst UK broadband providers image
Source : Guardian [Read Article] Friday 21st of April 2017 06:00:11 AM
....The digital minister, Matt Hancock, added: “Too many people are suffering from poor customer service when things go wrong with their broadband. Getting a better deal for consumers is at the heart of our digital economy bill, which strengthens Ofcom’s power to make sure providers pay automatic compensation when service falls short. ...
Trump signs order to assess whether steel imports threaten national security image
....At an Oval Office ceremony, surrounded by US steel executives, Trump signed an executive order calling for the commerce department to assess effects of steel imports on US defense at a time when he has ordered a military buildup. “Steel is critical to both our economy and our military. ...
The Guardian view on the IMF: a global institution in an age of protection | Editorial image
....After the most difficult decade in its history, life should be looking up for the International Monetary Fund as it hosts the world’s finance ministers and central bankers in Washington DC this week. The global economy is at last picking up speed. ...
Harley-Davidson: The 'emblematic' US company image
Source : BBC [Read Article] Thursday 20th of April 2017 05:02:49 PM
....Harley-Davidson boss Matthew Levatich says his iconic motorcycle company is "emblematic" of what the Trump administration thinks a home-grown US company should be. He says he is cautiously optimistic about the prospects for the US economy in the Trump era, but is concerned that any trade barriers may interfere with growth. ...
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With a whiff of sulphur, George Osborne was gone – but for how long? | Polly Toynbee image
.... He could leave his successors a there’s- no-money note in blazing capital letters, bequeathing a national debt that increased by far more in his six years than it did in Labour’s three terms combined – but that’s small beer compared with the scars he leaves on public attitudes. It was, I suppose, just politics as usual to profoundly misinform people about the economy he inherited. ...
Green Investment Bank sold to Australian firm Macquarie image
Source : BBC [Read Article] Thursday 20th of April 2017 09:25:36 AM
.... . He said the Green Investment Bank had been "very successful in attracting private capital to the UK's green economy". ...
IMF shifts from dismal to pessimistic, but has a sharper message about inequality | Greg Jericho image
....Mostly this increased optimism is because Australia exports iron ore, coal and gas. The IMF suggests that our economy will improve along with similar commodity-exporting nations like Norway and Canada. ...
George Osborne: history will not be kind to a man whose flaws led to Brexit image
....When it became clear that many voters were impervious to the warnings, Osborne doubled down. He warned that the economy would plunge into an immediate recession in the event of a vote for Brexit. ...
Brexit’s unpredictable outcome poses risk to global stability, says IMF image
Source : Guardian [Read Article] Wednesday 19th of April 2017 12:30:21 PM
.... It also warned that a tightening of policy from the Federal Reserve, America’s central bank, or rising protectionism could add to the vulnerability of exposed firms in the emerging world, raising their debts by between $130 and $230bn. The IMF highlighted China as its biggest concern among emerging economies, noting that bank assets were now more than triple the size of its economy. ...
How much uncertainty can business take? image
Source : BBC [Read Article] Tuesday 18th of April 2017 01:57:40 PM
.... . Adam Marshall, director general of the British Chambers of Commerce, said: "Firms will want to be reassured that the key challenges facing the economy will be front and centre throughout any election period. ...
IMF ratchets up UK economic growth forecast to 2% image
Source : Guardian [Read Article] Tuesday 18th of April 2017 01:00:29 PM
. The International Monetary Fund has revised up its UK growth forecast for the second time in three months after admitting that the performance of the economy since the Brexit vote last year had been stronger than expected. ...
Goldman Sachs and Bank of America see profits jump image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:54:29 AM
....2bn. "The US economy continues to show consumer and business optimism, and our results reflect that," chief executive Brian Moynihan said. ...
Mayoral candidate pledges free childcare for Liverpool parents image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:00:21 AM
....Morton said: “This will change things so dramatically in Liverpool, we have got a quarter of children living in poverty and three out of four are in single parent families. “My proposal is that the metro mayor has £900m over 30 years to spend, and we need to look at this differently: rather than building another bridge or road, we need to actually look at how we mobilise our economy. ...
The gig economy 'slashies' risk burnout image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:00:21 AM
. In a world of Uber and Deliveroo, the gig economy is thriving – it is estimated 1. ...
The Guardian view on apprenticeships: an invitation for employers to cheat | Editorial image
....There is plenty to admire in the government’s plans to beef up apprenticeships, funded from a levy that came into force this month on all companies with a payroll of more than £3m a year. The scheme will provide an extra 3m apprenticeships, which the government believes will help fill the skills and productivity gap that dogs the British economy. ...
El Paso: the border city grappling with the ramifications of Trump's proposals image
....A rising Democrat star who the Washington Post recently said “looks more like a Kennedy than the Kennedys do”, O’Rourke is set to challenge the oleaginous Ted Cruz for his Senate seat in 2018. When he does, O’Rourke will be the man arguing for free trade while his Republican rival, Trump’s one-time chief critic and now frenemy, will be left defending Republican policies that O’Rourke (and many far to the right of him) argue threaten not just the economy but American safety. ...

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